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Gym for Sale in Jeddah, Saudi Arabia

For Sale: Well-established ladies' fitness gym in Jeddah with 2k customers base.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 100 - 200 thousand
Run Rate Sales USD 208 thousand
EBITDA Margin 10 - 20 %
Industries Gyms
Locations  Jeddah
Local Time 5:21 PM Asia / Riyadh
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 130 thousand (Native Currency: SAR 490,000)
Reason: Owner is relocating to another city and starting a new venture in a different industry.
Includes physical assets worth USD 128 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview
- The business operates in the gyms industry and is located in Jeddah, Saudi Arabia offering a well-featured ladies fitness center.
- The business currently has 3 permanent employees and its revenues primarily comes from membership subscriptions and personal training services, which account for 90% of total sales. The remaining 10% is generated from other services, with additional income from special group fitness classes and coffee shop services.
- We additionally hire part-time/freelance trainers on demand basis.
- The annual revenue for the business is SAR 780,000, with an existing customer base of more than 2k and 330 active clients. The business has established a strong brand presence within the area.
- All sales are conducted in cash, with no credit sales, reflecting a robust financial model.
- The gym subscription includes free access to a variety of group fitness classes, which serves as a major attraction point for clients and contributes to customer retention.
- The business offers specialized group fitness classes such as aerial yoga, pole fitness, and pilates, catering to diverse fitness preferences and enhancing its competitive edge.
- The inclusion of a coffee shop service complements the fitness offerings, providing an additional revenue stream and enhancing the overall customer experience.
Our gym has great location advantage and it is the only gym in the entire neighborhood.
- Business has a commercial registration and Ministry of Sports license.
Products & Services Overview
Membership subscription inclusive of free access to a variety of group fitness classes, such as:
- Personal fitness training services.
- Special group fitness classes: Aerial yoga, pole fitness, pilates.
- Coffee shop services.
Assets Overview
Tangible assets: Fitness equipment, sport accessories, air conditioning units, office furniture, computers, printers and BMI measuring device.
Intangible assets: Brand, experience & know-how, 2k customer base, website, goodwill and location.
Facilities Overview
The center boasts a prime location, occupying over 4,700 square feet across a two-floor building. The floor is divided into zones for cardio, strength training, spinning, and meditation. The center includes two halls for group classes and two personal training studios. Rent is SAR 190,000 per year.
Capitalization Overview
The business is self-funded, established with approximately SAR 900,000 of personal funds. No loans or debts.
Recent Activity
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Contact Business
2 Buyers contacted this Business this week. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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